“............another easy example would be a gain of +100 percent, and a negative 50%. This gives an apparent average gain of 25%, but the net return is actually zero.
Financial advisors and newsletters take advantage of this all the time. That's why they almost always advertise average annual gains instead of compounded annual returns, as the numbers always look better.
Keep that in mind the next time you get some advertisement that suggests huge annual returns”.
More ..... Volatility Definition - How to Calculate Volatility

Good articles Tropo. A timely reminder that there is often a lot of stuff going on in the background that we as investors all need to be aware of.

Mark

'If you're going through hell, keep going’ - Winston Churchill

'Success is not about brilliance. Success is about perseverance. Hanging in there is of far more importance than any other single factor.' - Kristine

This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.